We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SYM guides Q4 2025 revenues of $590-$610M and adjusted EBITDA of $45-$49M.
Strong backlog boosts efficiency, supports partnerships and enhances competitiveness in automation.
Symbotic’s (SYM - Free Report) high backlog positions it to generate substantial revenues in the foreseeable future. In the third quarter of fiscal 2025, for which results were released earlier this month, the company had $22.4 billion in backlog. The company’s strong and growing product portfolio spans multiple levels of the supply chain, supported by a healthy backlog.
The company’s healthy positioning with respect to backlog drove the 26% year-over-year revenue growth witnessed in the third quarter of fiscal 2025. We expect the top line to be driven, going forward as well, by converting this sizable backlog. For the fourth quarter of fiscal 2025, Symbotic expects revenues in the $590-$610 million range and adjusted EBITDA in the $45-$49 million band.
Apart from providing visibility with respect to revenues, SYM’s high backlog is a driver of long-term growth. A large backlog ensures a steady pipeline of deployments, giving the company predictable cash flows. SYM’s high backlog is contributing to its benefit from strong project execution, innovation and a clear product innovation roadmap.
Symbotic’s robust backlog allows it to operate more efficiently. With guaranteed demand in place, the company can optimize manufacturing, supply-chain planning and workforce allocation to meet customer needs at a faster pace. The company's $22.4 billion backlog and improved deployment efficiency are expected to fuel revenues and margins.
SYM’s sizeable backlog is likely to support its endeavors to secure stronger partnerships and negotiate favorable terms with suppliers. This should provide SYM with a competitive edge in the rapidly expanding warehouse automation market.
Taking a Look at the Backlog Positions for Some Other Players
Honeywell (HON - Free Report) exited 2024 with a record backlog of $35.3 billion, an 11% increase, driven primarily by strong demand in its core businesses. At the end of the second quarter of 2025, Honeywell’s overall backlog grew 10% year over year to $36.6 billion. For 2025, Honeywell expects overall revenues to be in the $40.8-$41.3 billion range, with organic revenues expected to be up 4-5% on a year-over-year basis.
The strongest driver of ABB’s (ABBNY - Free Report) business is the Process Automation segment, supported by strength in the marine, ports and energy industries. Strong project activity in several areas, like passenger vessels, port electrification and industrial automation, has been driving ABB’s performance.
In the second quarter of 2025, orders from the segment increased 45% and revenues rose 5% year over year. ABB recorded the booking of a large order in the quarter that contributed $600 million (net), with deliveries stretching over a multi-year period. Exiting the second quarter, the segment’s order backlog totaled $9.3 billion, higher than $8.1 billion reported at the end of the previous quarter. ABB’s solid order intake and robust backlog are supporting its growth.
SYM’s Price Performance, Valuation & Estimates
Shares of SYM have surged in triple digits in a year, easily outperforming its industry.
Image Source: Zacks Investment Research
From a valuation perspective, Symbotic is trading at a premium compared with the industry average. In terms of price-to-sales (F12M), SYM is trading at 10.72X, much higher than the industry’s average of 3.23X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SYM’s fourth-quarter fiscal 2025 and first-quarter fiscal 2026 earnings has remained stable over the past 60 days. However, the same has moved north for fiscal 2025.
Image Source: Zacks Investment Research
SYM’s Zacks Rank
SYM currently carries a Zacks Rank #5 (Strong Sell).
Image: Bigstock
Symbotic's Strong Backlog Growth: Is it a Sign for More Upside?
Key Takeaways
Symbotic’s (SYM - Free Report) high backlog positions it to generate substantial revenues in the foreseeable future. In the third quarter of fiscal 2025, for which results were released earlier this month, the company had $22.4 billion in backlog. The company’s strong and growing product portfolio spans multiple levels of the supply chain, supported by a healthy backlog.
The company’s healthy positioning with respect to backlog drove the 26% year-over-year revenue growth witnessed in the third quarter of fiscal 2025. We expect the top line to be driven, going forward as well, by converting this sizable backlog. For the fourth quarter of fiscal 2025, Symbotic expects revenues in the $590-$610 million range and adjusted EBITDA in the $45-$49 million band.
Apart from providing visibility with respect to revenues, SYM’s high backlog is a driver of long-term growth. A large backlog ensures a steady pipeline of deployments, giving the company predictable cash flows. SYM’s high backlog is contributing to its benefit from strong project execution, innovation and a clear product innovation roadmap.
Symbotic’s robust backlog allows it to operate more efficiently. With guaranteed demand in place, the company can optimize manufacturing, supply-chain planning and workforce allocation to meet customer needs at a faster pace. The company's $22.4 billion backlog and improved deployment efficiency are expected to fuel revenues and margins.
SYM’s sizeable backlog is likely to support its endeavors to secure stronger partnerships and negotiate favorable terms with suppliers. This should provide SYM with a competitive edge in the rapidly expanding warehouse automation market.
Taking a Look at the Backlog Positions for Some Other Players
Honeywell (HON - Free Report) exited 2024 with a record backlog of $35.3 billion, an 11% increase, driven primarily by strong demand in its core businesses. At the end of the second quarter of 2025, Honeywell’s overall backlog grew 10% year over year to $36.6 billion. For 2025, Honeywell expects overall revenues to be in the $40.8-$41.3 billion range, with organic revenues expected to be up 4-5% on a year-over-year basis.
The strongest driver of ABB’s (ABBNY - Free Report) business is the Process Automation segment, supported by strength in the marine, ports and energy industries. Strong project activity in several areas, like passenger vessels, port electrification and industrial automation, has been driving ABB’s performance.
In the second quarter of 2025, orders from the segment increased 45% and revenues rose 5% year over year. ABB recorded the booking of a large order in the quarter that contributed $600 million (net), with deliveries stretching over a multi-year period. Exiting the second quarter, the segment’s order backlog totaled $9.3 billion, higher than $8.1 billion reported at the end of the previous quarter. ABB’s solid order intake and robust backlog are supporting its growth.
SYM’s Price Performance, Valuation & Estimates
Shares of SYM have surged in triple digits in a year, easily outperforming its industry.
From a valuation perspective, Symbotic is trading at a premium compared with the industry average. In terms of price-to-sales (F12M), SYM is trading at 10.72X, much higher than the industry’s average of 3.23X.
The Zacks Consensus Estimate for SYM’s fourth-quarter fiscal 2025 and first-quarter fiscal 2026 earnings has remained stable over the past 60 days. However, the same has moved north for fiscal 2025.
SYM’s Zacks Rank
SYM currently carries a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.